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Financial News: VENEZUELA: Court Lashes Out Sanctions Imposed By Switzerla

VENEZUELA: Court Lashes Out Sanctions Imposed By Switzerland And Panama

04/03/2018 - 19:12:00 (RTTNews)

(RTTNews) - The Venezuelan Supreme Court of Justice (TSJ) condemned the sanctions imposed by the governments of Switzerland and Panama against the country and described the actions as "grotesque" in a statement.

The TSJ stressed that the sanctions add up to those imposed by the European Union (EU) and to the economic blockade of the United States, "violating the extremes of the international arena and the honor of both nations in a frontal and flagrant way."

On March 22, Switzerland imposed sanctions against Venezuela, forbidding the sale, export, and transit of military equipment and supplies with "repressive purposes."

For its turn, Panama sanctioned 55 Venezuelan officials among whom are the President of the Republic, Nicolas Maduro, as well as 16 Venezuelan companies that will not be able to keep trade or financial relations with the Central American nation.

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